DonaldTrump’s Truth Social Takes a Huge Dive on the Stock Market Following Debate

9 months ago 285

Evelyn Hockstein

In an apparent rebuke of Donald Trump’s outlandish debate performance, shares of his social media company plummeted Wednesday morning to a record low for the stock.

Shares of Trump Media & Technology Group, the parent company of Truth Social, dropped 17 percent to below $15.75 shortly after the market opened, pushing aside the previous record low set earlier this month of $16.70.

The drop brought Trump’s majority 60 percent stake in the company— 115 million shares—down to $1.2 billion from $1.4 billion.

Read more at The Daily Beast.

Source: www.thedailybeast.com
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